United States Construction Spending - Forecast

Construction Spending in the United States is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Spending in the United States to stand at 0.43 in 12 months time. In the long-term, the United States Construction Spending is projected to trend around 0.40 percent in 2020, according to our econometric models.


United States Construction Spending
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United States Housing Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Building Permits 1354 1300 1280 1230 1320 1315
Housing Starts 1319 1290 1270 1330 1300 1280
New Home Sales 618 590 580 600 615 590
Pending Home Sales -4.1 -1.1 -3.03 0.1 -3.01 1.2
Existing Home Sales 5600 5390 5500 5600 5500 5000
Construction Spending 0.1 0.8 0.3 1 0.43 0.4
Housing Index 0.8 0.5 0.5 0.4 0.3 0.5
Nahb Housing Market Index 69 68 70 68 66 53
Mortgage Rate 4.66 4.69 4.69 4.69 4.69 6.5
Mortgage Applications 4.9 0.43 0.43 0.43 0.43 0.43
Case Shiller Home Price Index 205 208 210 211 213 230
Home Ownership Rate 64.2 64.15 64.18 64.19 64.19 64.27